"Since 1928 the S&P 500 has seen 325 days w/losses of 3% or worse. That means it happens roughly 3.5x a year on average." - @awealthofcs
I don't think these losses are significant in the long term considering we're coming from all time highs.
Six of the 20 biggest daily point losses in S&P 500 history have been this year, the same as 2008 so far. I know as the index rises, a given point loss accounts for a smaller percentage loss, but none of the top 20 were last year and only one was in 2016. It's really not looking like a good trend.
Given that we were in a bear market.
Given that we were in a bull market.
I’m sure we can come up with other conditions.
A simple average is usually meaningless, and puts nothing in perspective.
US Dollar Soars In Equity Purchasing Value
And I wouldn't recommend anyone try to time the bottom on this and dip buy: you had 10 years to get a long position if you are trying to buy and hold.
Long dated bonds are erratic now, stocks have been dumping with them, and dumping even more when they are being bid.
> As of late morning, the Dow Jones industrial average futures pointed to an implied open of 335.74 points lower.
 Source: https://www.cnbc.com/2018/10/11/asia-markets-wall-street-sel...
(I agree with gizmo, but I predict a 2-day drop. Then, it's a good time to buy IMO).